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re: Dow Futures down 300...Nasdaq futures down 200.

Posted on 1/21/22 at 2:11 pm to
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 1/21/22 at 2:11 pm to
Why would the markets care about the voting act? To me this is all about high inflation leading to a hawkish Fed sucking money out of the markets and expectations of interest rate hikes following a time of exceptionally friendly monetary policy. IMO people are trying to force a political narrative depending on their particular slant
This post was edited on 1/21/22 at 2:20 pm
Posted by tarzana
TX Hwy 6--Brazos River Backwater
Member since Sep 2015
26451 posts
Posted on 1/21/22 at 2:39 pm to
quote:

Why would the markets care about the voting act

It has nothing to do with voting rights per se; it's simply that you have a nation adrift, with seemingly no purpose or direction, nothing seems to be getting accomplished, and what we have in America today is utter disunity, not unity. The markets take a cue from the prevailing zeitgeist.
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